Both can help alleviate financial stress. Here's how to determine which makes sense for you, according to experts.

While you can't outlive a reverse mortgage, your loan doesn't last forever. When the last borrower or eligible non-borrowing ...

Reverse mortgage loan amounts are tied to the expected interest rate. The lower the rate, the more money you can borrow. Some ...

This reverse mortgage rule could help heirs keep the home after the borrower dies — but there's one big catch.

If you're concerned that your parents are considering a reverse mortgage, discuss their financial situation with them to help ...

Selling a long-held family home, replete with childhood memories and links to a local community, is one of the toughest ...

I took out a reverse mortgage, and my current interest rate is 6.75%. I have about $325,000 equity in my home currently, with a reverse-mortgage payoff amount of around $200,000.

Home equity is a valuable financial resource. By definition, it’s the difference between your home’s value and how much you owe on your mortgage. For example, if your home is worth $500,000 ...

No payments are required on the reverse mortgage until you move out of or sell the home. If you pass away, your heirs can sell the home and use the proceeds to repay the reverse mortgage.

In the Kluckens’ case, the forged deed had been notarized by a closing attorney and a witness they say they never met. With ...

Home equity is a valuable financial resource. By definition, it’s the difference between your home’s value and how much you owe on your mortgage. For example, if your home is worth $500,000 ...

Reverse-mortgage rates tend to be slightly higher than those for home-equity loans or lines of credit, according to AARP. "If you die, your heirs will need to pay off the loan's balance.